IDT Co.

Zero-fee App Transfers to Venezuela  New Funding Option for Retail Customers Newark, NJ, Jan. 15, 2025 (GLOBE NEWSWIRE) -- BOSS Money , the remittance and payments brand of IDT Corporation (NYSE: IDT), today announced three new destination countries - Venezuela, Brazil, and Eritrea - and expanded payment options for customers sending money from BOSS Money retailer locations. BOSS Money customers in the USA can now send cash directly to the accounts of family and friends at 34 of the largest Venezuelan banks including Banco Bicentenario, Banco de Venezuela, Banco Nacional de Crédito, Banco Occidental de Descuento (BOD), Banesco, BBVA Provincial, and Mercantil Banco.» Mehr auf globenewswire.com

December same-store sales increased 1.7% year-over-year  Full year 2024 same-store sales increased 1.8% year-over-year NEWARK, N.J., Jan. 09, 2025 (GLOBE NEWSWIRE) -- NRSInsights , a provider of sales data and analytics drawn from retail transactions processed through the National Retail Solutions (NRS) point-of-sale (POS) platform, today announced comparative retail same-store sales results for December and the full year 2024.» Mehr auf globenewswire.com

IDT Corporation shares have surged nearly 40% this year, due to strong results and increased market awareness of its underlying value. However, don't assume the ship has fully sailed; additional gains may be in the cards during 2025, even if the company decides not to spin off its faster growing businesses. Whether due to shares appreciating in tandem with earnings growth, or due to further increased awareness of IDT's underlying value, shares could hit $60 per share in 2025.» Mehr auf seekingalpha.com